Serbia's Real Net Wage Slightly up on Year in July
Serbia's average net wage rose by a real 0.2% year-on-year in July, following a 2.1% annual increase in June, the Belgrade-based Serbian Statistical Office(SORS) said on Monday.
On a monthly comparison basis, the average net wage went down by 2.5% in real terms in July, after declining by 1.5% in June. In nominal terms, the average net wage totaled RSD 73,114 (EUR 624) in June.
Compared to the same month last year, average gross salaries and wages increased by 13.0% to RSD 100,937 (EUR 860.60) in nominal terms in July.
The median net salaries and wages in July amounted to RSD 56,000 (EUR 477.50), meaning that 50% of employees realized wages and salaries up to the mentioned amount.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.